Financial Markets Efficiency Index in India
India: Financial Markets Efficiency Index was 0.9252 in 2020. ▲ Rising
Financial Markets Efficiency Index in India, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial markets efficiency index in India stood at 0.9252.
Compared with earlier readings it is up 33.3% on the previous year and up 24.5% over ten years.
Over the whole period, financial markets efficiency index in India peaked at 1 in 1994 and was at its lowest, 0.0221, in 1980.
That places India 13th out of 183 countries with data for 2020, putting it in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Markets Efficiency Index in India, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.0221 | — |
| 1981 | 0.0425 | +92.8% |
| 1982 | 0.0616 | +44.8% |
| 1983 | 0.0565 | -8.3% |
| 1984 | 0.1097 | +94.2% |
| 1985 | 0.1992 | +81.6% |
| 1986 | 0.2898 | +45.5% |
| 1987 | 0.4496 | +55.1% |
| 1988 | 0.5483 | +22.0% |
| 1989 | 0.6399 | +16.7% |
| 1990 | 0.7088 | +10.8% |
| 1991 | 0.9507 | +34.1% |
| 1992 | 0.8282 | -12.9% |
| 1993 | 0.9794 | +18.3% |
| 1994 | 1 | +2.1% |
| 1995 | 1 | +0.0% |
| 1996 | 1 | +0.0% |
| 1997 | 1 | +0.0% |
| 1998 | 1 | +0.0% |
| 1999 | 1 | +0.0% |
| 2000 | 1 | +0.0% |
| 2001 | 1 | +0.0% |
| 2002 | 1 | +0.0% |
| 2003 | 1 | +0.0% |
| 2004 | 1 | +0.0% |
| 2005 | 0.936 | -6.4% |
| 2006 | 0.8783 | -6.2% |
| 2007 | 0.6861 | -21.9% |
| 2008 | 1 | +45.8% |
| 2009 | 0.9486 | -5.1% |
| 2010 | 0.743 | -21.7% |
| 2011 | 0.7346 | -1.1% |
| 2012 | 0.5659 | -23.0% |
| 2013 | 0.5571 | -1.5% |
| 2014 | 0.5572 | +0.0% |
| 2015 | 0.5674 | +1.8% |
| 2016 | 0.5714 | +0.7% |
| 2017 | 0.5818 | +1.8% |
| 2018 | 0.7008 | +20.4% |
| 2019 | 0.6939 | -1.0% |
| 2020 | 0.9252 | +33.3% |
India compared with similar countries
- India's 0.9252 is above the median for South Asia, which is 0.0661, 14.0× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Financial Markets Efficiency Index in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +94.2% | 0.0565 | 0.1097 |
| 1981 | +92.8% | 0.0221 | 0.0425 |
| 1985 | +81.6% | 0.1097 | 0.1992 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2419 | 0.0221 | 0.6399 | 10 |
| 1990s | 0.9467 | 0.7088 | 1 | 10 |
| 2000s | 0.9449 | 0.6861 | 1 | 10 |
| 2010s | 0.6273 | 0.5571 | 0.743 | 10 |
| 2020s | 0.9252 | 0.9252 | 0.9252 | 1 |
Countries ranked near India
- 11 Germany 0.9804 compare
- 12 Czechia 0.9739 compare
- 14 Australia 0.8797 compare
- 15 United Kingdom 0.8148 compare
- 16 Switzerland 0.8064 compare
More financial sector data for India
- Reserve position in the IMF, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.26 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 7.8 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.38 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 13.2 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.26 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 7.8 % change on previous year (2025)
Frequently asked questions
- What is financial markets efficiency index in India?
- Financial markets efficiency index in India was 0.9252 in 2020, according to International Monetary Fund.
- What is the highest financial markets efficiency index recorded in India?
- The highest recorded value was 1 in 1994.
- What is the lowest financial markets efficiency index recorded in India?
- The lowest recorded value was 0.0221 in 1980.
- How does India rank for financial markets efficiency index?
- India ranks 13th out of 183 countries with data for 2020.
- Is financial markets efficiency index rising or falling in India?
- Over the last ten years it is up 24.5%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from International Monetary Fund, published as part of Financial Markets Efficiency Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.